McDonald’s

McDonald's closed its offices for a few days earlier this week to have career conversations with all corporate employees, including those being let go

McDonald's has more than 150,000 employees in corporate roles. About 70% of those employees are based outside the United States

A burger in India costs considerably less than peer economies

McDonald's CEO Chris Kempczinski has announced that layoffs are coming by April, as the global fast food chain aims to reduce costs and "free up resources to invest in growth"

There were 34 companies added to the segment in 2016

Westlife Foodworld, the master franchisee of McDonald's restaurants for West and South India, is looking for an almost three-fold jump in sales up to Rs 4,500 crore in the next five years by 2027, mainly on the back of network expansion, omnichannel approach, according to company officials. As part of network expansion, Westlife Foodworld will add around 300 McDonald's restaurants in the next five years, in which 60 per cent of the new stores are likely to be in the southern region and the rest in the western zone, said the company in its 'Vision 2027'. The company, which through its subsidiary Hardcastle Restaurants operates 337 McDonald's restaurants (as of September 30, 2022), has already commenced the work on the next 200 stores. "Westlife Foodworld's vision 2027 is strategic guidance for our road ahead. We see doubling our sales to (Rs) 40-45 billion in the next 5 years on the back of adding around 300 restaurants by 2027," said Westlife Foodworld Executive Director Akshay ...

The strong earnings were likely to intensify calls in Britain and the European Union to impose further windfall taxes on energy companies as governments struggle with soaring gas and power bills.

The economic concept, which describes consumers' sensitivity to prices, is a hot topic as inflation soars and executives fret about profits

Companies pulled back from Russia this spring after Moscow sent thousands of troops into Ukraine, in response to investor and public pressure

McDonald's has faced criticism from Black-owned franchises, some of whom have filed lawsuits alleging racial discrimination

A Paris court approved the settlement Thursday, the French national financial prosecutor's office said

Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said.

Starbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

Without naming a prospective Russian buyer, McDonald's said on Monday that it would seek one to hire its workers and pay them until the sale closes.

Company was once a symbol of flourishing American capitalism in the dying embers of the Soviet Union.

All QSR majors, however, will face margin pressures given rise in food prices, analysts say